In the text finite mixtures of lognormal distributions are used for the modelling of net annual income per capita and equivalized income of the Czech households (in CZK) in 2004-2010. The development of distribution of number of members of households is analysed and the characteristics of...

This paper studies a stochastic conditional duration (SCD) model with a mixture of distribution processes for financial asset’s transaction data. Specifically it imposes a mixture of two positive distributions on the innovations of the observed duration process, where the mixture component...

In the text finite mixtures of lognormal distributions are used for the modelling of net annual per capita income of the Czech households in Czech crowns in 2004?2008. All the households are divided into subgroups with observed group membership according to the attained education of the head of...